Romania’s government is to adopt the letter of intent to the loan agreement with the International Monetary Fund next week after finishing scheduled negotiations with unions and employers. Despite public pressure, the government will not give up the planned reductions of salaries and pensions, though it noted that reductions of …

After a barrage of messages in the past week from Bulgarian Government leaders underlining the country’s willingness to be involved in the Nato missile defence system, Moscow has called on Nato for clarification on its talks with Sofia, the Russian foreign ministry said. The planned missile shield featured prominently in …

UN Secretary-General Ban Ki-moon on Wednesday (May 19th) expressed hope that talks aimed at reunifying Cyprus will continue, yet acknowledged they can’t last forever.  Ban said that February statements by Turkish Prime Minister Recep Tayyip Erdogan — in support of the negotiations — added momentum to the process. Ban said …